News Releases

TORONTO, ONTARIO--(Marketwired - April 19, 2016) - BMO Asset Management Inc. ("BMO AM") today announced the April 2016 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that distribute monthly. Unitholders of record of the BMO ETFs at the close of business on April 28, 2016 will receive cash distributions payable on May 5, 2016.

Details of the per-unit distribution amounts are as follows:

BMO ETFs with Monthly Distributions:	Ticker	Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF	ZFS	0.022
BMO Mid Federal Bond Index ETF	ZFM	0.032
BMO Long Federal Bond Index ETF	ZFL	0.045
BMO Short Provincial Bond Index ETF	ZPS	0.036
BMO Mid Provincial Bond Index ETF	ZMP	0.037
BMO Long Provincial Bond Index ETF	ZPL	0.046
BMO Short Corporate Bond Index ETF	ZCS	0.041
BMO Mid Corporate Bond Index ETF	ZCM	0.043
BMO Long Corporate Bond Index ETF	ZLC	0.065
BMO Aggregate Bond Index ETF	ZAG	0.040
BMO Discount Bond Index ETF	ZDB	0.025
BMO Real Return Bond Index ETF	ZRR	0.025
BMO Floating Rate High Yield ETF	ZFH	0.060
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.070
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.062
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.052
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)	ZIC.U	0.040
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF	ZSU	0.025
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	0.041
BMO Ultra Short-Term Bond ETF	ZST	0.176
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB	0.072
BMO Equal Weight Utilities Index ETF	ZUT	0.055
BMO Equal Weight REITs Index ETF	ZRE	0.088
BMO Monthly Income ETF	ZMI	0.050
BMO Covered Call Canadian Banks ETF	ZWB	0.078
BMO Covered Call Utilities ETF	ZWU	0.078
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.081
BMO US High Dividend Covered Call ETF	ZWH	0.095
BMO US High Dividend Covered Call ETF (U.S. Dollar Units)	ZWH.U	0.100
BMO Canadian Dividend ETF	ZDV	0.055
BMO Laddered Preferred Share Index ETF	ZPR	0.045
BMO US Dividend Hedged to CAD ETF	ZUD	0.048
BMO US Dividend ETF	ZDY	0.062
BMO US Dividend ETF (U.S. Dollar Units)	ZDY.U	0.048
BMO International Dividend ETF	ZDI	0.082
BMO US Put Write ETF	ZPW	0.120
BMO US Put Write ETF (US Dollar Units)	ZPW.U	0.120
BMO International Dividend Hedged to CAD ETF	ZDH	0.075
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	0.120

*BMO ETFs are administered and managed by BMO Asset Management Inc., an investment fund manager and portfolio manager and a separate legal entity from Bank of Montreal.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC, Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC, and TSX is a trademark of TSX Inc. These and other associated trademarks and/or service marks have been licensed for use by BMO Asset Management Inc. The index underlying the ZEB BMO ETF is a product of S&P Dow Jones Indices LLC and has been licensed for use by BMO Asset Management Inc. The BMO ETF is not sponsored, endorsed, sold or promoted by any of its aforementioned trademark owners and the related index providers or their respective affiliates or their third party licensors and these entities make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETF.

Further information about BMO ETFs can be found at www.bmo.com/etfs.

About BMO Exchange Traded Funds (ETFs)

Established in May 2009, BMO Financial Group's ETF business is a leading ETF provider in Canada. BMO ETFs provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.